BTU share price is directly correlated to the price of oil. Hell even solar is correlated. Who thinks the Saudis's won't seek revenge for $20 - 30 oil if or when we get there? BTU may see $3 before it sees $50 but for the holders 3-5 years out you will see $50 BTU when the Saudis squeeze oil to $200. DON'T CURSE OPEC, THEY ARE COALS BEST FRIEND.
when btu is cut in half i laugh and buy more. buffett does the same when his stocks tank. he's "happy happy happy" to quote duck dynasty
The 2 additional coal terminals will require hiring 28,000 (thats not a typo) more Australian's. Unmet global coal needs are real and growing despite the U.S. Feds propaganda. Obama went to Austrailia and chastised them for the expansion saying the Great Barrier Reef was at risk. The Aussies told him in effect to "mind his own business and **ck off". ***** GOOD FOR THE AUSSIE'S. *****
yeah just like all the tobacco companies were going to go bankrupt. what sector could survive 50 states suing it for 100's of billions and survive. well not only did they survive they're reaching 52 week highs in there stocks.
yeah i'm in for the very long term. i will stop checking the btu stock quotes and commenting on this board. maybe checking once a year. it's a means of keeping my sanity.
if you're on the level, commodities are extremely risky bets no matter if its soft or hard commodities. If you don't have 3 to 5 years to hold these investments you should never get involved. You're a retail guy buying calls on a commodity producer? that's where you went really wrong. buying into the the largest private coal producer, BTU, in hindsight wasn't the ideal bet but at least you got a survivor , now next time buy stock and sit on it when it collapses. I've sat 5 years to get my money back and in only 1 out of 5 times did the stock never get back to even or even swing to a nice profit. wall street absolutely hates retail buyers who sit it out for years. Thats why they take the stock as close to zero as they can, i.e. to get you to sell.
why aren't wlt and aci with much worse debt to assets going into BK? BTU has many years left to stay around.
Her direct Facebook quote "Michele Bachmann
Yesterday at 10:57am ·
With his Iran deal, Barack Obama is for the 300 million souls of the United States what Andreas Lubitz was for the 150 souls on the German Wings flight - a deranged pilot flying his entire nation into the rocks. After the fact, among the smoldering remains of American cities, the shocked survivors will ask, why did he do it?"
She has 9,400 votes of like for this. The green tree hugger liberals are up in rage.
time horizon enters into any paper loss. me, i'm hoping with good health to to live another 30 years minimum all the time holding BTU. 1 year is an eternity in the stock market these days - 30, forget about the possibilities. so you see who knows in 3 to 5 years you'll be laughing at how worried you were about today's BTU "crisis", mark my words.
look at the oil price to BTU stock price charts you see a direct correlation. when oil hits $100 again or even #$%$ off Saudi's make it $200, BTU will be $20-25. 5 bagger anyone?
same thing was said about the cigarette companies when the feds went after them. tobacco stocks today at 52 week highs. all i'm saying is getting out of this hole has been done before
i've been averaging down every 50% dip from my previous pps buy. not working so far but someday, perhaps. my next 50% is $3 where i'll breakeven at $6 with 50k shares. this stock is killing me!
with 80% held by institutions i'm now thinking its not capitulation but short sellers and qtr end selling. capitulation would most likely need a catalyst for retail to unload. imho
agree. the pm's, pe, mutual funds, and hedge funds are down 4% year to date according to Bloomberg last week. 4% doesn't sound like a lot but the S&P is up high single digits and exceeding previous highs.
also, the funds aren't allowed to keep any shares under $5 this may lead to wholesale dumping if the shares aren't reversed split soon to stay above $5. as far as a private equity placement I'm afraid I agree with you.
history - i agree if we see $70 or even $60 oil before year end we'll see BTU in the mid to upper teens. BTU followed oil down I see no reason why it won't likewise reverse and follow it back up. GL.